Originally Posted by
Retron
Watchdog (a consumer programme here in the UK) did an article on card fraud a few years back. All you need is a number and an expiry date. CVV codes, addresses, PINs etc aren't needed to process a transaction.
I run a lot of high dollar (well into 4 figure) transactions through a business owners personal's AMEX Plat card and I am surprised at the number of times I do not need to provide a billing address or CVV code. These are done over the phone (heavy equipment rentals, material purchases, etc.) and I have questioned the reps and they say they don't need the info.
In my case, I swiped my card at one of those airport luggage cart rental places. I suspected whoever services those things was selling credit card numbers from the swipes.